Yesway (NASDAQ:YSWY) Coverage Initiated by Analysts at JPMorgan Chase & Co.

Stock analysts at JPMorgan Chase & Co. began coverage on shares of Yesway (NASDAQ:YSWY) in a report released on Monday,Benzinga reports. The brokerage set a “neutral” rating and a $29.00 price target on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 12.23% from the company’s previous close.

A number of other research firms have also recently weighed in on YSWY. KeyCorp initiated coverage on Yesway in a report on Monday. They set an “overweight” rating and a $31.00 price target for the company. Barclays initiated coverage on Yesway in a report on Monday. They set an “overweight” rating for the company. Morgan Stanley began coverage on Yesway in a report on Monday. They set an “equal weight” rating and a $28.00 price target for the company. Raymond James Financial began coverage on Yesway in a research note on Monday. They issued an “outperform” rating for the company. Finally, Guggenheim began coverage on Yesway in a research note on Monday. They issued a “buy” rating and a $30.00 target price for the company. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $29.33.

Yesway Price Performance

YSWY stock opened at $25.84 on Monday. Yesway has a fifty-two week low of $20.02 and a fifty-two week high of $29.08.

Yesway Company Profile

Yesway, traded on NASDAQ under the ticker YSWY, is a U.S.-based convenience store and fuel retail company that operates retail locations under the Yesway brand. The company’s core business is the operation of neighborhood convenience stores that provide quick-purchase retail items, on-site prepared foods, beverages and other convenience merchandise. Many locations also feature fuel dispensing, making Yesway a combined convenience and gasoline retailer for everyday consumers and motorists.

Yesway’s stores focus on high-turnover product categories typical of the convenience-retail sector, including snacks, cold beverages, coffee, single-serve and prepared food offerings, and commonly purchased household items.